Consumer Confidence Drops

#Australia #AusPOL #Recession

Consumer and Business confidence has dropped in Australia. Looks like back to back interest rate cuts didn’t fill people with confidence for some reason?

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Reference

Consumers most pessimistic in two years, despite tax and interest rate cuts

https://www.abc.net.au/news/2019-07-10/consumer-confidence-july-2019/11294948

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